[Remote] Principal Site Payments Associate at Thermo Fisher Scientific

Mexico

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Pharmaceuticals, Clinical ResearchIndustries

Requirements

  • Knowledge of procedural documents, site contracts, and country-specific regulations affecting payments
  • Ability to compile data from multiple sources to generate payments
  • Skills in managing payment workflows, timelines, and project deliverables
  • Experience handling escalations and resolving payment-related issues
  • Capability to train study teams on site payment processes
  • Proficiency in processing payments in middleware and financial systems, including refunds, credit notes, late fees, pre-payments, and reimbursements
  • Competence in building budgets, SVTs, transparency reporting, study reconciliations, and maintaining investigator funds trackers
  • Ability to train/mentor junior team members

Responsibilities

  • Reviews and approves payments, budgets, reconciliations, etc., in accordance with procedural documents and site contracts
  • Compiles data from multiple sources to generate payments to sites in accordance with procedural documents
  • Ensures adherence to country-specific regulations which affect and impact ability to pay
  • Manages payment responsibilities and workflow to meet contracted timelines and project deliverables
  • Manages escalations (project team, site, and sponsor) regarding payment issues and resolves payment-related findings; escalates project risks appropriately
  • Trains study teams on site payment processes, including setting expectations around site payments' requirements and deliverables
  • May process investigator payments in middleware and financial system; manage refunds, credit notes, late payment fees, pre-payments, or investigator meeting reimbursements
  • May build and enter budgets and SVTs; work on transparency reporting; perform study reconciliations; manage and maintain investigator funds tracker for studies transitioned to site payments
  • Trains/mentors junior team members

Skills

payments processing
budgets management
financial reconciliations
regulatory compliance
workflow management
escalations handling
team training
mentoring
transparency reporting
investigator funds tracking

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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